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Vivid Money raises €100m
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finextra.comLaunched in Germany in 2020, Vivid offers saving, spending and investment tools from a single app. Users get a German IBAN, share and crypto trading, P2P payments and money management features.
The firm has built up a customer base of 500,000 across Europe and seen a 25 times increase in revenue over the last year. The new funding will be used to build out a "superapp' with new features and services, to make hires across Europe, and boost marketing efforts.
Artem Iamanov, co-founder, Vivid Money, says: “Our customers need more than just a banking app; they need a place where they can save, invest, and organize their daily financial matters. Our vision is to become the one place where they can do that.”
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